“Hidden champions”, dominant business-to-business franchises that are relatively unknown to the general public, have helped underpin the consistent outpermance delivered by the £3.6 billion TB Evenlode Income Fund, a UK-registered OEIC managed by Hugh Yarrow and Dr Ben Peters.

Now soft-closed TB Evenlode Income has consistently outperformed its benchmark since its launch on November 30 2009 primarily by investing in a relatively concentrated portfolio of around 35 holdings that ...